Bullion was already holding steady ahead of the jobs report, and has since pushed higher in initial reaction to the weaker-than-expected employment figures.
Move buys BHP and Wyloo more time for discussions over the takeover of Noront Resources, owner of the Eagle’s Nest nickel and copper deposit in Ontario.
The collapse of a tailings facility in Peru’s Ananea district has destroyed a segment of the main road that connects the area with the neighbouring La Rinconada mining district.